UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 9, 1999
001-13836
(Commission File Number)
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TYCO INTERNATIONAL LTD.
(Exact name of registrant as specified in its charter)
Bermuda Not applicable
(State of Incorporation) (IRS Employer
Identification Number)
The Zurich Centre, Second Floor, 90 Pitts Bay Road, Pembroke, HM 08, Bermuda
(Address of registrant's principal executive office)
441-292-8674*
(Registrant's telephone number)
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*The executive offices of Registrant's principal United States subsidiary, Tyco
International (US) Inc., are located at One Tyco Park, Exeter, New Hampshire
03833. The telephone number there is (603) 778-9700.
ITEM 5. Other Events
On the evening of December 9, 1999, Tyco International Ltd. (the
"Company" or "Tyco") read wire reports that six purported damage actions on
behalf of putative classes of persons who purchased Tyco common shares at
various times since 1998 had been commenced in federal courts in New Hampshire
and Florida, alleging violations of federal and state securities laws and the
common law, against the Company and certain of its officers and directors. The
complaints reportedly allege that these defendants published materially false
and misleading statements concerning Tyco's financial condition and future
growth prospects and that insiders sold stock to the public prior to the
disclosure of the adverse alleged facts at artificially inflated prices.
As of this time, the Company has not received the complaints in such
actions nor does it know whether they were the only such actions filed; this
disclosure is based solely on wire reports.
The Company and the individual defendants intend to vigorously defend
against all such actions. The Company cannot predict whether additional suits
will be filed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
TYCO INTERNATIONAL LTD.
By: /s/ Mark H. Swartz
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Mark H. Swartz
Executive Vice President and
Chief Financial Officer
(Principal Accounting and
Financial Officer)
Date: December 10, 1999